FXstreet.com (CÃ³rdoba) - Dollar continues recovering from early loses against cable and euro. EUR/USD recently broke support zone at 1.3380 and start to fall again. At 1.3335 the pair could find another support area. During the American session dollar got stronger after EUR/USD reached a 3-week high at 1.3468 rebounding toward 1.3400 and then 1.3380.
GBP/USD failed to hold at 1.5000 and rally downside to 1.4960. Right after the pair reached a fresh 4-month high at 1.5195 fell more than two hundred pips. So far today GBP/USD is down almost 1% for the day.
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